British Association for Monetary Reform
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    WHY WE MUST KEEP OUT OF the EURO

    In order to understand the full and pertinent requirement of a single common currency for Europe, we need to know and understand how new money is created and issued in the modern world.

    Amschel Rothschild, the most successful banker who has ever lived, told us that whoever creates and issues a nation's currency, has supreme power over that nation, and is above the Law and above Parliament. 

    However for a true democracy to exist, there must be Government of the people, by the people and for the people. Therefore if we believe in Democracy and we believe Mr Rothschild, we must have new money created and issued on behalf of the people and open to scrutiny by the people.

    There must be no secrecy whatever.

    Therefore if we want a true Democracy, it would be wise to give the Treasury Department of the Government the sole right to create and issue new money, using a science of economics vetted by us.  Then for the very first time in the history of Man, we shall have money fit for purpose and not amenable to abuse.

    The crucial attribute of honest money is the fact that it has a yardstick by which to measure its value.  The value of money will no longer be a matter of conjecture and therefore not subject to gambling.  The money markets will disappear, as will the stock exchange.  There will be no opportunity to gamble with the wealth created by others for personal or corporate gain.

    A big upheaval will create an overwhelming objection in the modern world to monetary reform. There will be a determination to maintain the status quo and to preserve unearned, undeserved privileges.

    The hyper-rich will only be rich by earning and deserving their privileges.  With the mechanics of money casinos or money markets removed, the economy will change and change for the better, for the benefit of all.